Mind Network is an 'HTTPZ' infrastructure that utilizes Fully Homomorphic Encryption (FHE) to lead Web3 into a new era of quantum resistance and end-to-end encryption. Mind Network provides unique solutions for data sovereignty protection, fair consensus, private voting, secure cross-chain transmission, and trustworthy AI.
In June 2023, completed a $2.5 million seed round financing, and in September 2024, completed a $10 million Series A financing, totaling $12.5 million raised, later achieving a remarkable oversubscription through the bn wallet pre-TGE.
In the FHE tokenomics, the total supply is 10e coins, airdrop: 11.7%, with 7.5% unlocked at TGE, 1% distributed through Binance wallet activities, and the remaining portion will be released in future airdrops.
Community: 30%, distributed over 60 months to promote user adoption and incentivize broader participation.
Public Sale: 5%, fully unlocked at TGE to support initial market participation.
Investors: 20%, vesting over 48 months with a 12-month cliff to ensure strategic investments.
Team: 17%, vesting over 48 months with a 12-month cliff, aimed at supporting the long-term growth of the project.
Advisors: 1.3%, vesting over 48 months with a 12-month cliff to ensure strategic alignment.
Liquidity Providers: 5%, deployed at TGE to support immediate market stability and depth.
Treasury: 10%, with 1.5% of the total supply released at TGE, and the remaining portion will be released linearly over 48 months starting 12 months thereafter, for ecosystem grants and strategic plans.
